New Jersey Statutes

§ 58:1B-12 — No personal liability on bonds

New Jersey § 58:1B-12

JurisdictionNew Jersey

Title 58WATERS AND WATER SUPPLY

This text of New Jersey § 58:1B-12 (No personal liability on bonds) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 58:1B-12 (2026).

Text

Neither the members of the authority nor any person executing bonds issued pursuant to this act shall be liable personally on the bonds by reason of the issuance thereof. L.1981, c. 293, s. 12, eff. Oct. 7, 1981.

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Nearby Sections

15

§ 58:1B-1

§ 58:1B-10

Bonds; resolution; covenants by authority and contracts with holders

§ 58:1B-11

Pledge of revenues, moneys, funds or other property; lien; priority over other claimants

§ 58:1B-12

No personal liability on bonds

§ 58:1B-13

Reserves, funds or accounts; establishment

§ 58:1B-14

Pledges, covenants and agreements with holders of bonds by state

§ 58:1B-15

Bonds as legal investment

§ 58:1B-16

Lease, loan, grant or conveyance of real property by any governmental entity

§ 58:1B-17

Maintenance and operation of projects; employees

§ 58:1B-18

Inapplicability of act to construction, operation or repair of retail water system or project

§ 58:1B-19

Establishment and collection of rates, rents, fees and charges; contracts for acquisition; cooperation with public or private entity for acquisition or construction; agreements

§ 58:1B-2

Legislative findings

§ 58:1B-20

Annual report and audit

§ 58:1B-21

Services by state agencies; Attorney General as counsel

§ 58:1B-22

Authority contracts.

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Bluebook (online)

New Jersey § 58:1B-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/58/58%3A1B-12.